You have searched for "Sime Darby Bhd"
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Conglomerate exits non-core assets for RM181.6mil
KUALA LUMPUR: Sime Darby Bhd's unit is divesting its stakes in three joint ventures operating three river ports in Jining in the Shandong province of China for RM181.6mil as it seeks to exit its non-core assets.
KUALA LUMPUR: Genting Bhd, Genting Malaysia, Kerjaya Prospek, Press Metal and TH Plantation are among the stocks which could see trading interest on Friday following their recent corporate announcements, according to TA Securities Research.
Group plans inorganic growth in industrial, motors, healthcare
KUALA LUMPUR: Sime Darby Bhd posted a net profit of RM281mil in the first quarter of its financial year ended Sept 30, 2020, 14.2% higher than RM246mil in the previous corresponding quarter on strong growth in the group's motor division, especially in China.
Permodalan Nasional Bhd (PNB), the country’s largest fund manager, surprised the market this week after announcing that it plans to sell its entire stake in one of its flagship investee companies – Chemical Company of Malaysia Bhd (CCM).
PETALING JAYA: Bursa Malaysia is back in rally mode as its benchmark index took only less than three weeks to recoup the entire losses it made over the past three months since August.
KUALA LUMPUR: Tenaga Nasional Bhd., Malaysia’s state-owned electricity company, is considering listing its power generation business on the local stock exchange next year following a corporate reorganization, according to people familiar with the matter.
Big jump in car sales recorded in the third quarter